Check Your Tax Refund Status Online Understanding Refund Delays According to CNET, lots of people are waiting to get their tax refund checks, especially if they’re claiming the child tax credit or the earned income tax credit. The IRS has already given out more than $115 billion in tax refunds this year. But if you’re … Read more
Unsure About Refunds Expectations for Tax Refunds According to the New York Post, A recent survey of 2,000 Americans shows that many are unsure about refunds they’ll get this year. About one in four people feel unsure about refunds which is more than last year. However, Americans around 43%, are expecting a refund this year … Read more
Tax Avoidance Spotlight Strategies Under Scrutiny According to Gizmodo, a recent report by Americans for Tax Fairness (ATF) has put Tesla’s tax practices in the spotlight. The report says Elon Musk the CEO of Tesla didn’t pay any federal income taxes for five years even though it made money. Tesla avoided paying taxes by using … Read more
Federal Proposal Aims to Aid First-Time Homebuyers Addressing Affordability Challenges According to the Providence Journal, federal lawmakers introduced the First-Time Homebuyer Tax Credit Act to provide up to $15,000 in tax refunds for new homebuyers. Targeted at those purchasing homes priced at $150,000 or more and earning 150% or less of the area’s median income. … Read more
Prospects of $2000 Stimulus Check Bring Hope Amidst Financial Struggles Anticipation Builds as Announcement of Stimulus Check Rollout Date Looms According to Finger Lakes 1, Congress is talking about giving out another $2000 Stimulus Check. This is good news for people struggling with money because of COVID-19. They’re aiming to help those who don’t have … Read more
Identity Theft Leads to Ohio Tax Refund Shock Investigation Uncovers Widespread Impact on Ohio Tax Refund According to Fox 8, Many Americans in Ohio were expecting to get their state tax refunds but instead got a letter saying they wouldn’t be getting any money back. Phil Nash and his wife in Cleveland were surprised to … Read more
Yellen Touts Biden’s Clean Energy Investment Tax Breaks in Kentucky Visit Clean Energy Investments Surge in Former Coal-Reliant Regions According to WHTC, U.S. Treasury Secretary Janet Yellen talked about how tax breaks from the Biden government are helping clean energy in places that used to rely on coal. She visited Kentucky a state where Democrats … Read more
IRS Supports Energy Savings Energy Efficient Home Improvement Credit (EEHIC) Offers Financial Incentives for Upgrades According to Go Banking Rates, Many homeowners want to save energy, so the IRS helps by giving a 30% tax credit for certain home improvements. With the Energy Efficient Home Improvement Credit (EEHIC) homeowners who made qualifying upgrades in 2023 … Read more
Missouri Senate Democrats End Filibuster Missouri Senate Bill Expands Tax-Credit Scholarships According to the 74 Million, Missouri Senate Democrats stopped talking for a long time on Tuesday so the Missouri Senate bill about making K-12 tax-credit scholarships bigger could go to a vote. This happened after Republicans added stuff to give more money to public … Read more
First-Time Homebuyer Tax Credit Bill Proposed legislation offers tax credit up to $15,000 According to Review Journal, Senator Jacky Rosen along with Senators Sheldon Whitehouse and Martin Heinrich, introduced the First-Time Homebuyer Tax Credit Act to help people buy their first homes. The tax credit bill aims to give up to 10 percent of the … Read more